Silver Lake buys the German software developer of Software for 2,2 billion euro

Silver Lake Technology Management LLC buys the German software developer of Software AG for 2,2 billion euro. As it is reported in Software press release, shareholders will receive it for 30 euros for each action belonging to them. It represents an award in 53% to level of quotations on closing of auctions on April 20 and 48% to the average price for the last three months. Software AG Foundation largest shareholder to the German company, expressed support to the transaction and agreed to sell 25,1% of actions. Silver Lake already made investments in Software AG, having bought convertible bonds to company for the sum of 344...